SoftBank is trying to complete a $22.5 billion fund for OpenAI.

SoftBank's Accelerating Efforts for OpenAI

The Japanese technology giant SoftBank (SFTBY) is taking significant steps to strengthen its competition in the field of artificial intelligence. The company aims to mobilize all its resources to complete its $22.5 billion fund for OpenAI by the end of the year.

Strategic Moves for Financing

SoftBank is converting significant assets into cash to achieve its financing goal. So far, the company has raised a significant amount by divesting Nvidia (NVDA) shares worth $5.8 billion and T-Mobile (TMUS) shares worth $4.8 billion. Additionally, it has made significant cuts in its Vision Fund team.

CEO Masayoshi Son's New Strategies

SoftBank's CEO Masayoshi Son is minimizing other investments made under the Vision Fund and introducing a requirement for personal approval for all deals exceeding $50 million to mitigate risks. These decisions are reshaping SoftBank's financing strategy.

Credit Options and Other Investments

SoftBank also has the option to draw on a $11.5 billion collateral loan it received in exchange for Arm Holdings (ARM) shares, which have not yet been utilized. The doubling of the value of Arm's shares after its public offering provides SoftBank with additional credit opportunities.

Developments on PayPay and DiDi Global

SoftBank continues to work towards the public offering of PayPay, which has been postponed due to the U.S. government shutdown. Initially planned for this month, the IPO has now been delayed until the first quarter of 2026, during which more than $20 billion in resources is expected to be generated. Additionally, it is also considering plans to divest some of its shares in DiDi Global (DIDIY).